Morrison Plus Property Inspections
Bottom line
- Total investment $44K – $83K including a $35K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $181K/year (median $131K).
- Rated STRONG with a risk score of 54/100.
- Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Morrison Plus Property Inspections unit return on the cash you put in?
Unlevered ROIC · per unit
35%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Morrison Plus Property Inspections units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$217K
on $1.1M purchase
Total debt
$869K
SBA $0.5M + senior + seller note
Overview
About
Morrison Plus Property Inspections franchisees conduct residential and commercial property inspections for home buyers, sellers, and real estate professionals. Day-to-day operations include scheduling inspections, conducting on-site evaluations using specialized equipment, documenting findings, generating inspection reports, managing customer relationships, and handling billing/administrative tasks. Franchisees typically operate as solo inspectors or with a small team covering a protected geographic territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 17 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage franchise with minimal unit count, undisclosed profitability metrics, and high royalty burden on sub-$400K revenue franchisees creates elevated financial risk despite protected territory and no litigation.
Score breakdown · what drove the 54 / 100 rating
- 01MEDNet income not disclosed in FDD Item 19 — unable to validate actual profitability claims against $181,012 average revenue
- 02MEDOnly 11 units system-wide with 11.1% YoY growth indicates very small, early-stage franchise with limited scale and support infrastructure
- 03MINORTiered royalty structure (7.0% down to 5.5%) suggests franchisor may struggle to reach profitability at lower revenue thresholds, creating incentive misalignment
- 04MINORAverage revenue of $181,012 falls in highest royalty bracket (7.0%) — franchisees must generate $400,000+ annually to access lower royalty rates, indicating potential earning barriers
- 05HIGHNo litigation disclosure combined with absence of net income figures raises transparency concerns about financial performance validation
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
26 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Morrison Plus Property Inspections · FDD (2022) PDF